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Exam 10: Sales and Operations Planning and Enterprise Resource Planning

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Question 51

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The phenomenon where producing more such that the average cost of production for the item decreases is known as ________.

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Question 52

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Which of these factors need to be considered when computing the actual capacity of a machine or system?

A) Scrap
B) Inefficiencies
C) Rework
D) All of the above
E) A and C above

F) D) and E)
G) None of the above

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Question 53

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The capacity for a machine or system that is available after accounting for scrap and rework and also factors in inefficiencies inherent in the system is known as ________.

In the level SOP strategy,variations in demand from period to period are met by

Capacity utilization is defined as the ratio of

The productive capability of a firm is known as ________.

A planning strategy that produces products in the exact amount demanded in each period is known as ________.

Creating a high-level overview of planning,which involves groups or families of products,is called ________.

The capacity for a machine or system that is available after accounting only for scrap and rework is known as actual capacity.

The element of the MRP record which is the quantity required for an item at the end of each period to meet customer requirements is called

A visual depiction of the subassemblies and components that are needed to produce and/or assemble a product is called a(n) :

The typical time horizon for developing a Sales and Operations Plan (SOP) is

The ratio of actual output to actual capacity is called ________.

The capacity strategy where capacity is only increased when increasing demand justifies the increase in capacity is called ________.

A printer has been rated by the manufacturer to print 40 pages per minute (ppm).This is the ________ capacity of the printer.

The element of the MRP record which is the quantity required for an item at the end of each period to meet customer requirements is called ________.

The rate of capacity utilization that minimizes average product cost is known as ________.

A planning system that focuses on bottlenecks to ensure that the MPS does not overload production processes or facilities is known as ________.

Demand that is calculated from the requirements for some parent item is called ________.

The MRP input that states which end items are to be produced,when they are needed,and what quantities are needed,is the